Bitcoin hit month-to-date highs above $65,000 as risk-assets gained on low US nonfarm payrolls data. Read More at https://cointelegraph.com/markets/bitcoin-price-tags-653k-august-high-as-low-us-jobs-numbers-cool-fed-rate-bets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Crypto Biz: Crypto’s biggest business is starting to look a lot like banking
Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income and balance sheet management become key profit drivers. Read More at https://cointelegraph.com/news/crypto-biz-crypto-business-converges-traditional-banking?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fierce backlash to Ethereum’s EIP-8363 staking proposal
Ethereum’s proposed EIP-8363 staking overhaul aims to reduce issuance, but critics say it could hurt DeFi, decentralization and institutional adoption. Read More at https://cointelegraph.com/magazine/fierce-backlash-to-ethereums-latest-staking-proposal-eip-8363?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoiners turn to dice throws as self-custody setups are re-evaluated
Dice entropy may become the new gold standard after the Coldcard hack Read More at https://cointelegraph.com/features/bitcoiners-turn-to-dice-throws-as-self-custody-setups-are-re-evaluated?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Russia cracks down on 9 crypto exchanges in Moscow City
Russia has shut down nine unregistered crypto exchanges in Moscow, with the FSB alleging they helped move scam proceeds abroad through Ukrainian call centers. Read More at https://cointelegraph.com/news/russia-shuts-down-crypto-exchanges-moscow-city?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CEX perpetual futures volume falls to $4T, lowest since late 2023
Perpetual futures trading volume on crypto exchanges fell to its lowest level in 31 months, while perpetual trading on decentralized platforms neared a one-year low. Read More at https://cointelegraph.com/news/cex-futures-volume-falls-4t-july-lowest-level-2023?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Binance Bitcoin volume ratio hits record as futures outweigh spot eight times over
Binance saw a record divergence between daily spot and futures trading volumes, with the latter reaching nearly $58 billion. Read More at https://cointelegraph.com/markets/binance-bitcoin-volume-ratio-hits-record-as-futures-outweigh-spot-eight-times-over?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CleanSpark misses Wall Street revenue estimates as shares sink
CleanSpark’s shares fell 5.5% on Thursday after the Bitcoin miner reported $138 million in quarterly revenue, narrowly missing Wall Street’s consensus estimate. Read More at https://cointelegraph.com/news/cleanspark-wall-street-revenue-estimates-shares-sink?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Stripe-owned Bridge joins EU MiCA register after Luxembourg approval
Stripe-owned Bridge has entered the EU MiCA register following Luxembourg approval, joining regulated providers under the bloc’s crypto framework. Read More at https://cointelegraph.com/news/bridge-mica-stablecoin-issuer-esma-register?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
CLARITY Act delay gives Asian financial hubs an opening: First Digital CEO
Industry figures warned that continued legislative limbo could slow institutional adoption, revive regulation by enforcement and push innovation offshore. Read More at https://cointelegraph.com/news/clarity-act-delay-asian-crypto-hubs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound